Cyber Security Innovation Network Program: Tackling the Essential Need for Digital Protection

Cyber Security Innovation Network Program: Tackling the Essential Need for Digital Protection

The Government of Canada has invested $80 million over four years through the Cyber Security Innovation Network Program to support cyber security projects focusing on research, development, commercialization, and skills development for stronger systems that will protect Canadians online.

BioConnect Awarded Close to $4M from FedDev Ontario

BioConnect Awarded Close to $4M from FedDev Ontario

BioConnect, an Ontario biometrics company, has received millions of dollars in funding from the Federal Development Agency of Ontario through the agency’s Business Scale-Up & Productivity Program (BSP). The funding will support multiple expansion projects at BioConnect, including commercializing new biometric technology and growing in new export markets. Founded in 2010, BioConnect provides biometric access…

Budget 2018 Streamlines Funding Programs for Business Innovation

Budget 2018 Streamlines Funding Programs for Business Innovation

The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however, there will be considerable changes…

Cybersecurity Fintech Innovation Pilot Program: Financial Technology Funding

Cybersecurity Fintech Innovation Pilot Program: Financial Technology Funding

The financial technology (fintech) sector is a growing component within Canada’s knowledge-based industries and focuses on the development of innovations and technologies for the financial services industry. By 2018, it is expected financial institutions will spend over $14 billion annually on fintech to solve internal technical challenges. Businesses like Secure Key, Phoenix, and eSentire are…